Coordinated Charities of Athens
Analysis
Coordinated Charities of Athens is a registered charity in United States, based in Athens, TN. It received its IRS tax-exemption ruling in February 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Coordinated Charities of Athens reported income of $505k and spending of $543k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $442k to $505k (+14%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 101% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coordinated Charities of Athens sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Divine Mercy Radio Inc ($505k), Ebenezer Glenn ($505k) and Southwest Educational Ministries Association ($505k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% of the total. Compensation of current officers, directors and key employees was $47k (8.6% of expenses). Other salaries and wages came to $190k. At year end it held assets of $259k against liabilities of $1,712, net assets of $257k. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 26%
- Other 74%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Divine Mercy Radio Inc | Hays | $505k |
| Ebenezer Glenn | Caro | $505k |
| Southwest Educational Ministries Association | Lawton | $505k |
| Bhi Outlet | Acworth | $505k |